Luso-American Credit Union

Luso-American Credit Union is headquartered in PEABODY and is the 63^rd largest credit union in the state of Massachusetts. It is also the 1,795^th largest credit union in the nation. It was established in 1960 and as of December of 2011, it had grown to 13 employees and 6,139 members. Luso-American Credit Union has a 5-star health rating.

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Data for Q4 2011

Institution Statistics LUSO-AMERICAN NCUA # 67890 BankRate Report View Year Chartered 1960 Employees 13 Primary Regulator Assets and Liabilities Assets $71.26 million Loans $29.99 million Deposits $58.74 million Equity Capital $11.59 million Loan Loss Allowance $136,000 Unbacked Noncurrent Loans $31,000 Historic Data - December 2010 Assets $68.28 million Equity Capital $10.78 million Loan Loss Allowance $139,000 Unbacked Noncurrent Loans $159,000 Profit Margin - Quarterly Net Interest Margin 4.94% Return on Assets 0.53% Return on Equity 3.24% Interest Income $2.47 million Non-Interest Income $446,000

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Luso-American Credit Union had $31,000 in non-current loans and owned real-estate with $11.72 million in equity and loan loss allowances on hand to cover it. This gives Luso-American Credit Union a Texas Ratio of 0.26% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Luso-American Credit Union decreased significantly from 1.46% as of December 31, 2010 to 0.26% as of December 31, 2011, resulting in a positive change of 81.84%.This indicates that the balance sheet and financial strength for Luso-American Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Luso-American Credit Union has increased its total deposits by $2.66 million, resulting in 4.75% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Luso-American Credit Union has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Luso-American Credit Union has $71.26 million in assets with $11.72 million in equity, resulting in a capitalization level of 16.45%, which is excellent.

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